Resources > News > Foreclosure Crisis News: November 2010

Consumer groups: Fed proposal would 'eviscerate' powerful remedy to stop foreclosures. THE WASHINGTON POST (Ariana Eunjung Cha) November 30, 2010

BLOG: Next WikiLeaks leak: Bank of America? THE WASHINGTON POST (Ariana Eunjung Cha) November 30, 2010

BofA Mortgage Morass Deepens After Employee Says Notes Not Sent. BLOOMBERG (Prashant Gopal and Jody Shenn) November 30, 2010

Banks in U.S. Resisting Calls to Repurchase Fannie Mae, Freddie Mac Loans. BLOOMBERG (Lorraine Woellert and Clea Benson) November 30, 2010

Embattled foreclosure attorney's cases clogging state courts. ST. PETERSBURG TIMES (Susan Taylor Martin) November 29, 2010

John Taylor: Foreclosures Are the Mortal Enemy to Economic Recovery. CNBC (Lori Ann LaRocco) November 29, 2010

Attorney Blasts Foreclosure Process in Florida. LAWYERSANDSETTLEMENTS.COM (Brenda Craig) November 29, 2010

Blog: More on Foreclosure: Judge Admits Apathy. ROLLING STONE (Matt Taibbi) November 28, 2010

Shortcuts on the foreclosure paper trail. The Herald Tribune (Todd Ruger) November 28, 2010

Don’t Just Tell Us. Show Us That You Can Foreclose. THE NEW YORK TIMES (Gretchen Morgenson) November 27, 2010

GMAC and Bank of America Foreclosures Temporarily Halted in Maine. NATIONAL MORTGAGE PROFESSIONAL November 27, 2010

Foreclosure Restarts Limp Out of the Gate. THE WALL STREET JOURNAL (Dan Fitzpatrick and Ruth Simon) November 27, 2010

Fannie Mae gives the 'go-ahead' to resume sales of foreclosed homes. THE PALM BEACH POST (Kimberly Miller) November 27, 2010

U.S. Intensifies Foreclosure-Documentation Review. THE WALL STREET JOURNAL (Evan Perez and Damian Paletta) November 24, 2010

Foreclosure Probe Talks Include Mortgage-Backed Bond Investors Urging Deal. BLOOMBERG (Margaret Cronin Fisk and David McLaughlin) November 24, 2010

Tom Ice has been selected as a 2010 Most Effective Lawyers finalist in the Real Estate category by the editorial staff of the Daily Business Review. November 24, 2010

New decision from the Fourth DCA reverses decision denying attorneys' fees for dismissal of foreclosure action. November 24, 2010

US cites 'inexcusable' breakdown of foreclosure process. REUTERS (Glenn Somerville and David Lawder) November 23, 2010

Treasury's Barr: Review Finds Breakdowns In Foreclosure Process. DOW JONES NEWSWIRES (Jeffrey Sparshott) November 23, 2010

Review of foreclosure paperwork process finds 'widespread' and 'inexcusable' breakdowns, Treasury official says. LOS ANGELES TIMES (Jim Puzzanghera) November 23, 2010

What will it take for the media to care about the $2 trillion foreclosure crisis? HOUSING WIRE (Steven Gillan) November 23, 2010

Foreclosure takes toll on increasing number of children. THE WASHINGTON POST (Dina Elboghdady) November 22, 2010

Countrywide Documentation Disaster to Explode at Bank of America? CNBC (Ash Bennington) November 22, 2010

Countrywide Routinely Failed to Send Key Docs to MBS Trustees, B of A Employee Says. AMERICAN BANKER (Kate Berry) November 20, 2010

Under Fire, Foreclosure King Resigns. MOTHER JONES (Andy Kroll) November 20, 2010

David Stern's offices lays off 155 more employees. DAILY BUSINESS REVIEW (Julie Kay and Paola Iuspa-Abbott) November 19, 2010

U.S. Homeowners Drop Out of Foreclosure Program Amid Record Defaults. BLOOMBERG (Lorraine Woellert and Clea Benson) November 19, 2010

Hearing brings more censure for handling of foreclosures. USA TODAY (Stephanie Armour) November 19, 2010

US lawmakers hit banks, regulators on foreclosures. REUTERS (Dave Clarke and Corbett B. Daly) November 19, 2010

Regulators criticized for not catching foreclosure crisis. THE WASHINGTON POST (Ariana Eunjung Cha) November 19, 2010

Aggressive lobbying defends mortgage-trading system. THE WASHINGTON POST (Ariana Eunjung Cha and Brady Dennis) November 19, 2010

Judge wants answers to foreclosure document fees. THE TAMPA TRIBUNE (Shannon Behnken) November 19, 2010

Banks face flood of lawsuits over foreclosure missteps. THE PALM BEACH POST (The Associated Press and Palm Beach Post staff writer Jeff Ostrowski) November 18, 2010

Bank Regulators Launch Examination of MERS.THE WALL STREET JOURNAL (Alan Zibel) November 18, 2010

INVESTIGATION: Questions mount about documents used in foreclosures. ABC ACTION NEWS (Alan Cohn) November 17, 2010

Senate Foreclosure Hearing: “Robo-signing an Affront to State Courts”. TOTAL MORTGAGE SERVICES (Michael Kraus) November 17, 2010

Ally's foreclosure process "flawed": executive. REUTERS (Joe Rauch) November 17, 2010

House sustains Obama veto on mortgage bill. ASSOCIATED PRESS (Jim Abrams) November 17, 2010

Foreclosure Fix Is Seen as Distant. THE NEW YORK TIMES (Nelson D. Schwartz) November 17, 2010

Citigroup Tells Congress It May Refile Thousands of Foreclosure Documents. BLOOMBERG (Donal Griffin) November 17, 2010

Florida chief justice says foreclosures must be open. ASSOCIATED PRESS November 17, 2010

Court disparities highlight flaws. THE PALM BEACH POST (Kim Miller) November 17, 2010

Faulty Foreclosures Blamed on Fla. Courts. HOUSING WATCH (Josie Gulliksen) November 16, 2010

'Robo-Signer' Foreclosure Scandal May Threaten Fundamental Financial Stability, Government Watchdog Warns. THE HUFFINGTON POST (Shahien Nasiripour) November 16, 2010

Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation” Report of the Congressional Oversight Panel November 16, 2010

Foreclosure attorney Stern struggling to pay his bills. THE MIAMI HERALD (Toluse Olorunnipa) November 15, 2010

ACLU Wants Foreclosure Hearings to Remain Public. ASSOCIATED PRESS (Tamara Lush) November 15, 2010

Foreclosure King Defaults on Rent, $15 Million Loan. MOTHER JONES (Andy Kroll) November 15, 2010

At issue: Can homeowners reopen cases? DAILY BUSINESS REVIEW (Adolfo Pesquera) November 15, 2010

No Breaks for Robo-signing Computer Stamping Mortgage Documents. BLOOMBERG (Prashant Gopal) November 15, 2010

Newly Appointed Fed Governor Calls Foreclosure Outlook “Grim” BRYAN ELLIS REAL ESTATE LETTER November 13, 2010

The Most Shocking Statement from Alleged Foreclosure "Robo-signers" THE HUFFINGTON POST (William Alden and Ryan McCarthy) November 13, 2010

Courts Helping Banks Screw Over Homeowners. Retired judges are rushing through complex cases to speed foreclosures in Florida. ROLLING STONE (Matt Taibbi) November 11, 2010

Florida man sues to reverse foreclosure on his home. ST. PETERSBURG TIMES (Kris Hundley) November 10, 2010

Mortgage Lenders Set Back in Courts. THE WALL STREET JOURNAL (Ruth Simon, Robin Sidel and Nick Timiraos) November 9, 2010

J.P. Morgan Chase, Bank of America, Citigroup, Wells Fargo face myriad of foreclosure lawsuits. THE WASHINGTON POST (Ariana Eunjung Cha) November 9, 2010

Regulators lagged in foreclosure oversight. THE WASHINGTON POST (Zachary A. Goldfarb) November 8, 2010

Homeowners Say Loan Mods Led Them To Foreclosure. ASSOCIATED PRESS November 7, 2010

Foreclosed Boynton Beach condo causing moldy misery for neighbor. THE PALM BEACH POST (Kimberly Miller) November 6, 2010

Securitization under question? EUROMONEY ( Helen Avery, Peter Lee, Louise Bowman) November 6, 2010

Securitization: Mortgage banks hit by putback time bomb. EUROMONEY (Helen Avery Peter Lee, Louise Bowman) November 6, 2010

JPMorgan Has File Requests on About $8.1 Billion Loans. BLOOMBERG (Dawn Kopecki) November 6, 2010

Inside Foreclosure King David Stern's Downfall. MOTHER JONES (Andy Kroll) November 5, 2010

Foreclosure Crisis, Part 2: Modifications. THE WALL STREET JOURNAL (Jessica Silver-Greenberg) November 5, 2010

Fla. foreclosure firm in probe announces layoffs. AP November 4, 2010

Foreclosure Investigation by States to Stay on Track. THE NEW YORK TIMES (David Streitfeld) November 4, 2010

New questions being raised about court filings in foreclosure cases. THE SUN SENTINEL (Diane Lade) November 4, 2010

17 new state AGs to take office, may accelerate foreclosure investigation. HOUSING WIRE (Jon Prior) November 3, 2010

Ally Will Keep ResCap, `Screwed Up' Using Robosigners. BLOOMBERG (Dakin Campbell and Natalie Doss) November 3, 2010

Foreclosure Point Man Miller Re-Elected as Iowa Attorney General. THE WALL STREET JOURNAL (Vanessa O’Connell) . November 3, 2010

Geithner Meets With Homeowner Advocates, Homeowners Bogged Down In HAMP. THE HUFFINGTON POST (Arthur Delaney) November 3, 2010

Fannie, Freddie Cut Ties to Law Firm. THE WALL STREET JOURNAL (Nick Timiraos) November 2, 2010

South Florida man gets his property back after judge reverses Chase foreclosure. THE PALM BEACH POST (Kimberly Miller) November 2, 2010

Mortgage Modification Failures Push Borrowers Into Foreclosure. BLOOMBERG (Kathleen M. Howley, Dakin Campbell and Danielle Kucera) November 2, 2010

65,830 foreclosure cases in Florida cleared in three months. THE PALM BEACH POST (Kimberly Miller) November 2, 2010

Lawmaker Questions Power to Foreclose. THE WALL STREET JOURNAL (Robbie Whelan) November 1, 2010